The industry is expecting to see wagers of more than a million pounds between now and Friday, when Prince William and Kate Middleton are due to marry.
Bookmaker William Hill set up a stall outside Westminster Abbey on Monday to let punters know what odds it was offering.
Highlights included 66/1 for the royal car breaking down on its way to the Abbey, and 100/1 for Kate jilting William at the altar.
Punters were being offered odds of 8/1 that the couple would be divorced within ten years.
Joe Crilly of William Hill said they were also taking bets on whether the Queen's husband Prince Philip - who's almost ninety - would fall asleep during the service.
Among those perusing the odds was pensioner Robert Foster who said he couldn't really see the car breaking down on its way to the Abbey.
He said he was more interested in wagering that the marriage would last a decade or more.
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